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BSA’s $20M class action settlement wins court approval
A judge has approved a $20 million settlement in a sham contracting class action accusing telco contractor BSA Limited of misclassifying its workforce of technicians as independent contractors.
Mayfair 101 reaches settlement with IPO Wealth Holdings liquidators
Mayfair 101 has settled with liquidators of collapsed IPO Wealth Holdings after they won a bid to re-examine former director James Mawhinney over the transfer of “considerable funds and assets” from the fund to other entities.
Tiwi Islanders to file new bid to block Santos’ Barossa drilling
Tiwi Islanders will file a new application to prevent drilling continuing on Santos’ $4.7 billion Barossa gas project after losing a challenge to stop the energy giant from beginning work on the first sea well.
Receivers get court OK to sell Melissa Caddick’s Dover Heights mansion
A judge has allowed receivers to sell the Dover Heights mansion of Sydney fraudster Melissa Caddick without any distribution of proceeds, saying the sale “should take place post-haste”.
Lane Cove tunnel operator can add claims to $300M case against builders
A judge has granted a bid by the operator of Sydney’s billion-dollar Lane Cove tunnel to add a new claim in the five-year-old dispute alleging the concrete lining used in construction was defective.
ASIC can pursue defunct funeral insurer in case of ‘clear public interest’
A judge has given ASIC the green light to continue proceedings against a defunct funeral insurer which allegedly misled Aboriginal customers about being Indigenous-owned and claims that its products were specifically beneficial for First Nations people.
PwC partners knew of unlawful dividend payment to Cornerstone director, court told
PwC partners are facing "very serious" allegations that they had actual knowledge that a $30 million dividend payment to the director of now defunct tertiary education provider Cornerstone was unlawful.
ASIC loses bid for early punishment against Select AFSL
A judge has shot down ASIC's bid for declarations against life insurer Select AFSL before a penalty hearing after finding that the insurer acted unconscionably when selling insurance over the phone.
Pitcher Partners looks to shut down $128M Twigg family lawsuit
Accounting firm Pitcher Partners wants to shut down a lawsuit brought by the Twigg family alleging it helped race car driver Max Twigg misappropriate $127.8 million in family trust money for himself.
SMBC sues Humm for $34M in worthless receivables linked to Forum Finance
Japanese bank SMBC has brought a $33.6M lawsuit against fintech Humm Group after its subsidiary Flexirent allegedly misled the bank about receivables under allegedly forged contracts between a Forum Group entity and Veolia Environmental Services.